DFS is keeping its head down

DFS is keeping its head down

There wasn't much unexpected news in these results, hence furniture retailer DFS's (DFS) shares didn't move dramatically on the day these numbers hit the market. But that doesn't mean there weren't some good headlines. Gross sales rose by a solid 7 per cent, helped by increased contributions from satellite brands Dwell and Sofa Workshop. That, along with actions taken to protect gross margins, pushed gross profits up 4 per cent to £53.5m.

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